Land values across Cabonne have surged by more than $1.1 billion, with new figures set to shape the council’s 2026/27 rates.
The latest valuations issued by the Valuer General of New South Wales place the total land value of the Cabonne Local Government Area at $5.89 billion, up from $4.78 billion in 2022.
In NSW, councils use land values determined by the Valuer General to calculate annual rates. At Cabonne, each property’s land value is multiplied by the council’s rate-in-the-dollar, known as the ad valorem rate, to determine its share of rates. A minimum rate ensures every property contributes a base amount.
While overall rates revenue is capped by the Independent Pricing and Regulatory Tribunal of New South Wales (IPART), changes in land values can shift how the total burden is shared between property owners.
The new valuations, issued at the end of 2025, will be used to model rates notices for the 2026/27 financial year. Landholders should have received their Notice of Valuation in late February/early March 2026.
Property owners who disagree with their valuation have 60 days from the notice date to lodge an objection through the NSW Valuation and Objection Portal. www.nsw.gov.au/housing-and-construction/land-values-nsw/services-and-tools/nsw-valuation-and-objection-portal